Brief: Canyon commissioners hear no comment on tax hike

Posted: Tuesday, August 28, 2001

No one addressed the Canyon City Commission on Monday either in opposition to or support of the proposed tax increase.

Commissioners previously approved a $0.41754 proposed tax rate for next fiscal year. The tax hike increases maintenance and operation by 8 percent, but not the debt amount, creating a total tax rate increase of 7.14 percent.

Raising property taxes by 8 percent above the effective tax rate would raise taxes by $15.26 a year on a $75,000 house.

The city's proposed budget for the upcoming fiscal year is $7,075,737, more than $688,000 above last year's figure.

Commissioners will conduct the final budget work session, vote to adopt a tax rate and approve the budget Sept. 10.